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Oil prices head higher

Oil prices headed higher on Tuesday, stretching gains into a second-consecutive session as the latest OPEC report showed oil production from the cartel fell last month.  
     
Expectations for a hefty weekly rise in U.S. crude-oil supplies limited the price rise for oil.  
     
West Texas Intermediate crude oil for October delivery gained 16 cents to $48.23 a barrel on the New York Mercantile Exchange.   


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